Lower volatility of returns prompts Distribution Technology to lower the risk profile of the T. Bailey Dynamic Fund
Following a review of the Dynamic Fund’s historical asset allocation and volatility of actual returns achieved by the Fund, Distribution Technology has lowered the Dynamic Planner risk profile to 4 from 5 on their scale of 1 to 10.
The Dynamic Fund’s assigned 4 risk profile is designated ‘Lowest Medium Risk’ and is consistent with achieving its benchmark return of UK inflation plus 3% over the medium-to-long term.
Kevin Payne, T. Bailey Asset Management’s Relationship Manager commented, ‘This lowering of the Dynamic Fund’s risk profile is a reflection of the investment team’s differentiated approach which has resulted in lower volatility of returns without sacrificing a relevant investment outcome objective. This should help advisers and investors looking for a multi-asset solution delivering consistent returns without undue risk.’
Summary
Lower volatility of returns prompts Distribution Technology to lower the risk profile of the T. Bailey Dynamic Fund.